Melman on Gold & Silver
May 2016 by Leonard Melman
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
...controversy and animosity seem to be steadily increasing, quite possibly to the benefit of our precious metals as gold is now resting comfortably above $1,300—the highest level in more than two years as of mid-February.
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
How can a miner or prospector take advantage of these speedy financing options while avoiding the risks associated with borrowing from so-called “shadow banks?”
Another potential problem is the body of regulations imposed by the Paris Climate Accord that President Trump had negated but which President Biden has immediately rejoined.
The Bawl Mill • Our Readers Say • Ask The Experts • Ask The Experts • Ask The Experts • Ask The Experts • Think You Got It All? Guess Again! • Nevada's Silver City Gold District -- Part II • MMAC & PLP Update • Hard Rock Prospecting With Rusty • Drywashing in Black Canyon, Arizona • Progress Continues in Honduras • Mining Stock Quotes and Mineral & Metal Prices